#TrumpTariffs

In an urgent statement, President Donald Trump announced that new tariffs on China will rise to 104% starting April 9. Trump explained that the United States will cease any negotiations with the Chinese side following their request for new meetings, noting that any country that responds with retaliatory tariffs will face harsher American measures.

In the same context, Trump urged the U.S. Federal Reserve to take urgent action to lower interest rates, supporting the national economy amid these rapid developments. He emphasized the need for the central bank to move quickly to mitigate the impact of escalating trade tensions.

Simultaneously, the Federal Reserve is holding an extraordinary meeting to discuss the possibility of taking emergency economic measures, with increasing expectations of an early decision regarding interest rate cuts, in an attempt to protect the American economy from the fallout of the trade dispute with China.